Elena Kovalenko20:59, 08/12/231 min.1094
As of 20:06 Kyiv time, one dollar was worth 100 Russian rubles.
The Russian ruble continues to fall and as of August 12, it crossed the three-digit mark.According to Googl Finance, as of 20:06 Kyiv time, one dollar was worth 100 Russian rubles. Euro as of 20:24 Kyiv time cost 109.64 rubles.
A larger drop was recorded only in March 2022, when the Russian ruble fell to 107 rubles per dollar.
The collapse of the Russian ruble
On August 9, 2023, the Russian ruble entered the top three weakest currencies in the world .
For seven months of 2023, the ruble lost 57% against the dollar.The currency of the aggressor country, in terms of the rate of decline, even overtook the Turkish lira. At the same time, the fall of the currency continues.
(C)UNIAN 2023
They just took measures not so long ago to prop up the rub(b)le. I think it didn’t work.
Not only does a 57% decline hurt it means at lowest a 60% inflation rate. People are gonna be hurting. Maybe the sheep may grow a pair of balls.
I hope so, but I doubt it.
There is an old saying in russia, people will listen when their stomachs are louder than the TV…..
Then will be Red Square Maidan
This must mean they used up all their foreign reserves to buy back the ruble. This could get very interesting soon.
Got popcorn and beer ready.
£1 = 125.666
$1 = 98.99
Euro 1 = 108.56
Cheaper than bog paper but not as efficient.
Shithole country, shithouse currency.
To put it into some kind of context, the third poorest Country in the World, Mozambique,
1 Metical = 1.55 rubbles……………………
But at least I’d like to spend some time in Mozambique……..
https://youtu.be/4K_YPW-_Vnk
Russlans will say: we are getting rich! When we brought one dollar to the exchange a year ago we got only 65 ruble for it, now 100 rubles? What sanctions? hahahaha
Yeah that sounds like what the idiots would say.
“Shelf life of the digital ruble:
There is a possibility that the new currency will have a shelf life. After its expiry, the money will vanish. That is, Russians will not be able to save and withdraw money. And it will also have to be spent before the expiry date.
The digital ruble is a new and convenient way of control by the Russian authorities. It will make them able to restrict financial transactions, encourage the purchase of certain goods and forbid others with a single button.
Such a rapid introduction of the digital ruble might suggest that the Central Bank is preparing for a shortage of cash.”
https://twitter.com/Gerashchenko_en/status/1690394823780380673
Oh the brain dead moskali will love that, freedom from worrying about what to spend money on, worrying about saving it because its not worth saving, worrying about buying the correct things.
The upside is that it will cause them more suffering which they love and think is a good thing.